BMO SPEND & PAYMENT SOLUTIONS SPEND & PAYMENT … · execute, maintain and advance your spend...

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SPEND & PAYMENT ADVISORS BMO SPEND & PAYMENT SOLUTIONS ® Drive Greater Value More and more organizations today acknowledge the importance of a comprehensive spend management strategy to the success of their enterprise. Yet, too often, many of these organizations are unable to capture the full value of their spend strategies because of factors such as lack of visibility, inefficient processes, or ill-defined objectives. Profit from Knowledge BMO provides the advanced consulting expertise to help your organization optimize its spend management practices and infrastructure – enabling deeper cost savings and greater revenue while ensuring you achieve your strategic goals. Make the Most of Your Spend

Transcript of BMO SPEND & PAYMENT SOLUTIONS SPEND & PAYMENT … · execute, maintain and advance your spend...

Page 1: BMO SPEND & PAYMENT SOLUTIONS SPEND & PAYMENT … · execute, maintain and advance your spend strategy. Financing Solutions A full range of financial solutions to help you optimize

SPEND & PAYMENT ADVISORSBMO SPEND & PAYMENT SOLUTIONS®

Drive Greater ValueMore and more organizations today acknowledge the importance of a comprehensive spend management strategy to the success of their enterprise. Yet, too often, many of these organizations are unable to capture the full value of their spend strategies because of factors such as lack of visibility, ineffi cient processes, or ill-defi ned objectives.

Profi t from KnowledgeBMO provides the advanced consulting expertise to help your organization optimize its spend management practices and infrastructure – enabling deeper cost savings and greater revenue while ensuring you achieve your strategic goals.

Make the Most of Your Spend

Page 2: BMO SPEND & PAYMENT SOLUTIONS SPEND & PAYMENT … · execute, maintain and advance your spend strategy. Financing Solutions A full range of financial solutions to help you optimize

Six Sigma Certifi edBMO Spend & Payment Advisors have undergone Six Sigma certifi cation. This proven, disciplined methodology – employed by successful companies around the world – focuses on achieving measurable fi nancial results through improved business processes. By deploying the specifi c methodology of Six Sigma, our advisors will help you measure, analyze, improve and control the performance of yourspend management processes – resulting in quantifi able gains in effi ciency and profi tability.

The Value of AdviceBMO Spend & Payment Advisors can help you get more out of your spend management practices. With process and product expertise, access to industry best practices and a commitment to ongoing service, our experienced consultants have contributed to millions of dollarsin cost savings and revenue generation for clients.

Maximize Savings

• Identify new savings opportunities

• Increase rebates

• Optimize capital and cash fl ow

Optimize Performance

• Enhance spend visibility across your enterprise

• Improve control processes

• Identify ineffi ciencies and implement consistent procedures

Enhance Supplier Relationships

• Streamline supplier lists through strategic sourcing

• Strengthen negotiating and purchasing power

Knowledge PaysAs an established partner to your enterprise, BMO offers the reliable knowledge and advice that comes from a solid understanding of your organization and its business challenges. Beyond simply providing you with a fi nal report, we give you tangible recommendations with actionable items. As well, our advisors have access to a wealth of benchmark information and expertise drawn from our extensive experience in this fi eld. The result is a richer depth of analysis, more informed advice and greater value for your enterprise.

Page 3: BMO SPEND & PAYMENT SOLUTIONS SPEND & PAYMENT … · execute, maintain and advance your spend strategy. Financing Solutions A full range of financial solutions to help you optimize

Complete Solutions, Complete FlexibilityFrom spend data analysis to comprehensive solutions to custom consulting, BMO Spend & Payment Advisors provides a complete range of services to help you optimize your spend strategy.

Consulting& Support

ComprehensiveAdvisoryServices

Spend AnalyticsConsulting

CustomConsulting

Three categories of service to suit your needs

Spend AnalyticsConsulting

The ability to access and analyze spend data is the key to identifying new opportunities or missed potential. BMO’s spend data analytics tools and processes quickly zero in on areas of underperforming spend activity and target opportunities for increased effi ciency or cost reduction.

• Aggregate spend data from across your enterprise to standardize your strategy, processes and procedures

• Benchmark your spend performance against industry standards

• Identify vendor opportunities for better quality, service and prices

ComprehensiveAdvisory Services

BMO’s Comprehensive Advisory Services offers a complete, end-to-end consultative approach to help you maximize cost saving and revenue generation. Our service includes analysis of your current spend program, identifying opportunities and barriers to ideal performance, and helping you implement a clear action plan to achieve greater value. As recommendations are implemented, we will also assist in the ongoing monitoring of results to ensure your success.

Custom Consulting Not every situation requires an end-to-end consultative approach. For organizations looking to address specifi c challenges or opportunities related to their spend strategy, BMO offers customized consultation services designed to meet your unique needs. Our Spend & Payment Advisors have the expertise to hone in on specifi c process and performance opportunities to help you realize the true value of your spend strategies.

Checkpoint

How you can get thereWhy you are not thereWhere you could beWhere you are now

RecommendationsGapsAnalysis

OpportunityAssessment

Spend ProgramSituation

PHASE 1 PHASE 2

OpportunityIdentification

OpportunityBreakdown

Current PerformanceAssessment

DataGathering

Page 4: BMO SPEND & PAYMENT SOLUTIONS SPEND & PAYMENT … · execute, maintain and advance your spend strategy. Financing Solutions A full range of financial solutions to help you optimize

To find out how you can advance your spend strategy, contact us at: 1-888-838-4401, [email protected] or bmo.com/spendandpayment

®/™ Trade-marks/registered trade-marks of Bank of Montreal. FSSPENDE (01/12)

Consulting& Support

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Consulting& Support

PaymentSolutions

FinancingSolutions

SpendSolutions

BMOClient

A Total Spend Management SolutionBMO Spend & Payment Solutions offers one of the most comprehensive suites of spend and payment solutions on the market. BMO also provides a full range of financial services and expertise that perfectly complements your spend management objectives. Our modular approach enables you to draw on the specific products you need to take spend management to the next level today, while also offering flexibility for meeting your future needs.

Spend SolutionsA comprehensive and flexible suite of source-to-settle systems, connected to a global supplier network.

Payment SolutionsA full range of card products and direct e-payment capabilities providing exceptional visibility and manageability.

Consulting & SupportThe consulting expertise and dedicated support you need to plan, execute, maintain and advance your spend strategy.

Financing SolutionsA full range of financial solutions to help you optimize working capital and cash flow, and facilitate trade around the world.

A Partner for All Your Financial NeedsA leader in the commercial cards category, BMO Spend & Payment Solutions is a full-service provider with a proven capability in meeting the development, implementation and operation of corporate spend and payment needs of organizations in the private and public sectors.

BMO Financial Group is one of the largest providers of diversified financial services in North America, with almost $500 billion in assets, we share in a proud heritage of serving the needs of business since 1817. BMO also provides a broad range of retail banking, wealth management and investment banking products and services.

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